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Nov 24, 2012
11/12
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KGO
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how a new tax on internet purchases changed a playing field. >> cutting the cord when it comes to music, taking a look at wireless speakers and impact on audio quality. >> looking at the skyway, head together east bay, left to right, just fine. better than you'd expect on a weekday. it's a holiday for many people. but congested on the ride side of the screen stay with us, abc news at 4:00 continues in online retailers collect tax only in states in which they have a physical presence. now, amazon is building two giant warehouses including this one near los angeles a million square feet, for the old fashioned retailers it's another reason to worry. >> why? because amazon goal to get items to customers faster, and to be able to offer same day delivery that. is right you can avoid stores and have a package delivered in a matter of hours. a win for consumers but tough for local retailers. >> if amazon creates distribution centers, that take as way from one advantage we see retailers have left to compete against amazon. it's a big deal. >> the analyst says1wñi that mes retailers need to up t
how a new tax on internet purchases changed a playing field. >> cutting the cord when it comes to music, taking a look at wireless speakers and impact on audio quality. >> looking at the skyway, head together east bay, left to right, just fine. better than you'd expect on a weekday. it's a holiday for many people. but congested on the ride side of the screen stay with us, abc news at 4:00 continues in online retailers collect tax only in states in which they have a physical...
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Nov 27, 2012
11/12
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KICU
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pay sales tax at overstock.com, who doesn't take tax. the state says that if you don't pay state taxes online, then you owe an use tax that you file on your taxes, which you need to do. >> i think you need to do it nationally, actually. >> reporter: since september, the state that collected less than $20 million from this so- called amazon tax, and one board of equalization says that as one of the 200 members that have been identified as applying to this tax, few have done so. >> the federal government took steps to protect cyber shoppers by cracking down on internet counterfeiters, immigration and customs agencies shut down 100 web sites. officials say that they were seeing count fit goings, and they, fail to fill the order at all. new york city congressional leaders are preparing to appeal to the federal government for help to pay for the billions of dollars in damage from superstorm sandy. governor around komo says that the state has already run up a 48 billion-dollar tab from the storm. it says the state can't afford it and needs the
pay sales tax at overstock.com, who doesn't take tax. the state says that if you don't pay state taxes online, then you owe an use tax that you file on your taxes, which you need to do. >> i think you need to do it nationally, actually. >> reporter: since september, the state that collected less than $20 million from this so- called amazon tax, and one board of equalization says that as one of the 200 members that have been identified as applying to this tax, few have done so....
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Nov 28, 2012
11/12
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KNTV
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class americans what will happen if your taxes go up. thousands responded. some will tell their stories at the white house today. as small business own erbs did tuesday. >> we urged the president -- was to keep the middle class tax cuts. >> small business want certainty so they can plan, look at how we move forward. >> they very much want consumers out there knowing what they're going to have money in their pockets. >> reporter: the white house argues this is not a pr campaign. >> it does not i think, you know, make a lot of sense to simply say never mind the american people and small business leaders. you know, cut them out of the process. >> reporter: republicans say the president needs to get to work behind the scenes. >> i would hope our friends on the other side can turn off the campaign and get into a cooperative mode here to reach a conclusion. >> there's been little progress which is disappointing to me. >> reporter: the party wants low tax rates but is willing t consider new revenue. democrats say medicare's on the table. the qu
class americans what will happen if your taxes go up. thousands responded. some will tell their stories at the white house today. as small business own erbs did tuesday. >> we urged the president -- was to keep the middle class tax cuts. >> small business want certainty so they can plan, look at how we move forward. >> they very much want consumers out there knowing what they're going to have money in their pockets. >> reporter: the white house argues this is not a pr...
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Nov 29, 2012
11/12
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KTVU
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the white house and congressional leaders are trying to avoid automatic spending cuts and tax hikes that take effect if congress does not take action to stop them. going over the fiscal cliff could trigger a recession, some say. >>> mitt romney was at the white house earlier today for a lunch meeting with president obama. his invitation keeps the promise he made when he declared victory on election night to talk with the gop candidate about areas where they have common interests. the two were to talk over lunch in the white house private dining room. the president's press secretary said the president didn't have any particular agenda, and it was closed to the media. >>> out of service. we were hear when police tested this emergency phone. we'll show you what happened and tell you why this phone is just part of a larger problem. >>> more specifics on when the next storm arrives in your neighborhood and how much rain it will bring. >>> as the dump truck continued forward, it hit nine other vehicles, so 11 vehicles totaled. >> a truck crashed in the east bay. the simple explanation for what
the white house and congressional leaders are trying to avoid automatic spending cuts and tax hikes that take effect if congress does not take action to stop them. going over the fiscal cliff could trigger a recession, some say. >>> mitt romney was at the white house earlier today for a lunch meeting with president obama. his invitation keeps the promise he made when he declared victory on election night to talk with the gop candidate about areas where they have common interests. the...
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Nov 25, 2012
11/12
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KRON
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. >> congressional leaders reached optimism levels of spending cuts and tax increases for next year. >> we have a very constructive president with the president to talk about the economic problems. >> with a cornerstone to work something out. >> they have been working common ground to bring in more tax revenue and reduced spending on programs like medicare but it is not that clear what lawmakers or when there will meet next. even if some progress is made a final deal could be a long ways away. >> we've rarely see it the white house and capitol hill make decisions, early. they seem to do better when they have a deadline. i would be pleasantly surprised to see a deal the merge, early but we will see. >> that was athena jones. tax hike and a steep spending cuts could take place next year. >> the saturday after thanksgiving is the time to celebrate small business saturday to encourage shoppers to patronize mom- and-pop businesses. such was the case today at this space hardware and elceritto small business saturday was launched by american express in 2010. >> this nice holiday weekend tak
. >> congressional leaders reached optimism levels of spending cuts and tax increases for next year. >> we have a very constructive president with the president to talk about the economic problems. >> with a cornerstone to work something out. >> they have been working common ground to bring in more tax revenue and reduced spending on programs like medicare but it is not that clear what lawmakers or when there will meet next. even if some progress is made a final deal...
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Nov 28, 2012
11/12
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KGO
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the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd block the nomination. they say they need more information and have more questions about the incident in benghazi. >> we're coming up on december to 1. that is the day mayans said the world would end. one scientist has been answering countless letters about the rumors. david morrison has a big job. >> iville lun teared to answer the questions the public sends in. >> some of the pivotal scientific questions of our time. >> these are questions about life in the universe. and that went along fine until fours years ago. suddenly i started getting questions about
the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd...
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Nov 26, 2012
11/12
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KPIX
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cuts expire for the wealthiest americans. >> i would be very much opposed to raising tax rates but i do believe we can close a lot of loop holes. >> reporter: democrats say just closing loop holes and limiting deductions is not enough to make a dent in the nation's $16 trillion deficit. >> you've got to raise additional revenues, including tax rates on the wealthy. those have to go up. they have to go up. >> reporter: but many republicans believe the best way to close the gap is reform entitlement programs like social security and medicare. democrats aren't on board yet. >> my concern about raising that medicare retirement age is there will be gaps in coverage or coverage that's way too expensive for seniors to purchase. >> reporter: and with the fiscal cliff looming, white house economists are warning shoppers concerned about a tax increase pay not spend as much this holiday season. danielle -- nottingham, cbs news. >>> investors are worried the strong start to the holiday shopping season may not last. right now, let's take a look at the dow. it's down nearly 60 points at this hour.
cuts expire for the wealthiest americans. >> i would be very much opposed to raising tax rates but i do believe we can close a lot of loop holes. >> reporter: democrats say just closing loop holes and limiting deductions is not enough to make a dent in the nation's $16 trillion deficit. >> you've got to raise additional revenues, including tax rates on the wealthy. those have to go up. they have to go up. >> reporter: but many republicans believe the best way to close...
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Nov 26, 2012
11/12
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KPIX
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. >> i would be very much opposed to raising tax rates, but i believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> we have to raise additional revenues and tax rates on the wealthy. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. susan mcginnis, cbs washington. >>> today it's stay at home and shop. cbs 5 cate cauguiran in the news room with cyber monday. good morning. >> we can expect cyber monday discounting to be equally competitive. what's new this year, the explosion of shoppers one and four will be using mobile devices to get the best deal. that's nearly double from last year and it trend that's expected to continue. retailers are anticipating about 129 million consumers to show from their offices to today. cyber monday is proving technology is a game changer for the shopping industry. >> online retailers have made great strides in making it very easy for people to return things, paste on shipping labels, free shipping and returns.
. >> i would be very much opposed to raising tax rates, but i believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> we have to raise additional revenues and tax rates on the wealthy. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. susan mcginnis, cbs washington. >>> today it's stay at home and shop. cbs 5 cate...
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Nov 22, 2012
11/12
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KGO
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. >> later tonight, death, taxes. well, pardon me, holiday shoppers last minute frenzy at supermarket chaotic because of a power shortage. >> then, that story on death ask taxes what you can do to avoid turning over half of your childrens inheritance to the government. >> here tonight abc 7 news obtains footage from a deep sea expedition to protect >>> the port of oakland was a zoo today, truckers and shippers trying to catch up on the backlog. explains that back up lasted most of the day. big rig gridlock with thousands of truckers waiting to pick up or drop off what they could not yesterday because of the fdiu strike. >> how did yesterday's strike affect you? >> bad, really bad. you know?>s long lines and port there. they were closed and yeah. you know? we need to work to make money for living you know? >> the union representing 200 maintenance workers blocked entrarnss yesterday effectively shutting it down. he says he was stuck in traffic just getting off the freeway for a half hour this morning taking a hit with
. >> later tonight, death, taxes. well, pardon me, holiday shoppers last minute frenzy at supermarket chaotic because of a power shortage. >> then, that story on death ask taxes what you can do to avoid turning over half of your childrens inheritance to the government. >> here tonight abc 7 news obtains footage from a deep sea expedition to protect >>> the port of oakland was a zoo today, truckers and shippers trying to catch up on the backlog. explains that back up...
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Nov 29, 2012
11/12
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KPIX
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but state senator-elect jerry hill will push for higher gas taxes. >> the sales tax or increase in the gasoline tax is really the solution-foot-long term to improve our roads. >> reporter: are we living on borrowed time? >> in some cases we may be. >> reporter: according to the latest studies by the mtc and other city agencies, there is no money now and dana, tonight they are saying it doesn't even look good for the next 30 years. >> wow. all right. linda yee, thank you. >>> right now, the city of oakland is talking to a concerned community about crime during the holidays and how to improve say the. crime in the city is at an all- time high while the ranks in the police department continue to shrink. phil matier says more people are taking the law into their own hands. phil. >> reporter: you know, this is a nice quiet neighborhood in oakland but just two hours ago will we were setting up to get ready to do this shot here at the fair, police were involved in a high-speed chase that ended with a horrendous accident in mcarthur park t spotted a car carrying gangbangers in it including one
but state senator-elect jerry hill will push for higher gas taxes. >> the sales tax or increase in the gasoline tax is really the solution-foot-long term to improve our roads. >> reporter: are we living on borrowed time? >> in some cases we may be. >> reporter: according to the latest studies by the mtc and other city agencies, there is no money now and dana, tonight they are saying it doesn't even look good for the next 30 years. >> wow. all right. linda yee,...
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Nov 23, 2012
11/12
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KPIX
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if congress doesn't reform taxes and avoid the "fiscal cliff" at the end of the year your tax bill could rise by the thousands. in years past, congress exempted most middle class and low-income families from something called the alternative minimum tax. if they don't renew that exemption, a family with two children making $90,000 a year could owe an extra $3,000 in taxes. >> we are going to see lots and lots of everyday people get caught. >> reporter: also on the chopping block a tuition credit for parents who have kids in college. in certain brackets if you have two students paying tuition, you could lose a $5,000 credit. that's $5,000 out of your spending money. >> plan for difficult times. taxes are going up. so what do you do? if you're spending every dollar you're making now and your taxes go up, do you go in debt? or do you adjust your spending? >> reporter: those are just a few examples of what is at stake here. while congress has until the end of the year to solve some of these problems, the uncertainty is really affecting almost everyone. not knowing makes it difficult to playfo
if congress doesn't reform taxes and avoid the "fiscal cliff" at the end of the year your tax bill could rise by the thousands. in years past, congress exempted most middle class and low-income families from something called the alternative minimum tax. if they don't renew that exemption, a family with two children making $90,000 a year could owe an extra $3,000 in taxes. >> we are going to see lots and lots of everyday people get caught. >> reporter: also on the chopping...
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Nov 25, 2012
11/12
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i checked it out last year. >>> they're not going to raise taxes, they say, but we turned to a former mayor. the first question is, what do you think of labor and other interests? are they going to give up their power? >> oh, no. not after spending millions of dollars, they're going to flex their muscles. they've already said they're going to make it more difficult for municipalties to declare bankruptcy, increase environmental policies and make it more difficult for single individuals to put things on the ballot. >> so they have the option of rewriting the rooms, whether it rules. >> all those are really small steps. they really should take the power they currently have and redo the whole operation of the city of california so we're not burdened in the craziness of the process. it's got in business in a democracy. we should be about referendum and recall. >> you've been watching the governor, and he may be the state's leading conservative by the time this is over. >> he's standing there with his finger in the dike. he's made a lot of promises to get the business community not to oppo
i checked it out last year. >>> they're not going to raise taxes, they say, but we turned to a former mayor. the first question is, what do you think of labor and other interests? are they going to give up their power? >> oh, no. not after spending millions of dollars, they're going to flex their muscles. they've already said they're going to make it more difficult for municipalties to declare bankruptcy, increase environmental policies and make it more difficult for single...
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Nov 26, 2012
11/12
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KGO
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eye 139
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people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something heating up again state senator from the bay area wan >>> there's been a second fire at a clothing fire in bangladesh, two days after another fire killed more than 100 workers. this is new video of the latest fire. the fire department believes everyone did get out safely. thousands took to the streets today demanding justice. officials say that building had no emergency exits when the fire broke out, workers above were trapped. the factory made products for wal-mart and other companies in the u.s. and europe. the bangladesh government has declared tomorrow a national day of mourning. >>> happening now, egypt's president stand
people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something heating up...
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Nov 25, 2012
11/12
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MSNBCW
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it was especially taxing on alex vega, who already had kidney problems and high blood pressure prior to the collapse. >> i had already lost 16 kilos. i was struggling to stand up. i simply didn't know if i would have the strength to last until the drilling found us. >> with conditions rapidly deteriorating, some of the 33 started to think about their own survival rather than the welfare of others. >> translator: one time when i was wandering around, i noticed the medicine cupboard had been left open. of course. people went to sleep a little bit later and the saline was gone. i became obsessed. saline, saline, saline. it was all about the saline. i stole that saline. what i did was bad, though good for one person. >> translator: everything was being shared equally. and then suddenly things started to disappear. it wasn't good for us. it shouldn't have happened. >> translator: you see, it wasn't easy. it meant more life, more days. if war had broken out or gangs formed, the strong against the weak, or the majority against the minority, something was going to happen. you could feel some
it was especially taxing on alex vega, who already had kidney problems and high blood pressure prior to the collapse. >> i had already lost 16 kilos. i was struggling to stand up. i simply didn't know if i would have the strength to last until the drilling found us. >> with conditions rapidly deteriorating, some of the 33 started to think about their own survival rather than the welfare of others. >> translator: one time when i was wandering around, i noticed the medicine...
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Nov 24, 2012
11/12
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KNTV
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if someone gets all five with the power ball correct, they will receive $213 million before taxes. lottery officials say the odds are 1 in 175 million. unusual visitors at the white house. collides dales hauling a huge holiday tree from the north carolina mountains. first lady michelle obama with sasha and malia accepted the tree and the dog was also on hand. mrs. obama commented on the wonderful fragrance on the fir. they will have it in the blue room and they will get the white house in the holiday spirit. >> some people took a break from shopping to take part in another holiday tradition in san francisco. ghirardeli square had the official tree-lighting ceremony. a very special guest to help them with the tree lighting, our very own christina loren. >> another tree lighting, olympic gold medalist kristi yamaguchi. this is the largest outdoor skating rink in san jose and one of the few places where you can skate urn the palm trees. thank you so much for making us part of your morning. rob has another update on the rain ha is to come. >> it's still nice for today and tomorrow and
if someone gets all five with the power ball correct, they will receive $213 million before taxes. lottery officials say the odds are 1 in 175 million. unusual visitors at the white house. collides dales hauling a huge holiday tree from the north carolina mountains. first lady michelle obama with sasha and malia accepted the tree and the dog was also on hand. mrs. obama commented on the wonderful fragrance on the fir. they will have it in the blue room and they will get the white house in the...
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Nov 23, 2012
11/12
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KPIX
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eye 165
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, your tax bill could rise by the thousands. in years past, congress exempted most middle class and low-income families from something called the alternative minimum tax. if they don't renew that exemption, a family with two children making $90,000 a year could owe an extra $3,000 in taxes. >> we are going to see a lot of everyday people get caught. >> reporter: also on the chopping block a tuition credit for parents who have kids in college. in certain brackets if you have two students paying tuition you could lose a $5,000 credit. that's five grand out of your spending money. >> plan for difficult times because the taxes will go up and so what do you do? if you are spending every dollar that you're making right now and your taxes go up, do you go in debt or do you adjust what you're spending? >> reporter: grace lee, cbs 5. >> comings has until the end of the year to solve the probable -- congress has until the end of the year to solve the problems but uncertainty is affecting almost everybody. >> wall street will have a light
, your tax bill could rise by the thousands. in years past, congress exempted most middle class and low-income families from something called the alternative minimum tax. if they don't renew that exemption, a family with two children making $90,000 a year could owe an extra $3,000 in taxes. >> we are going to see a lot of everyday people get caught. >> reporter: also on the chopping block a tuition credit for parents who have kids in college. in certain brackets if you have two...
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Nov 29, 2012
11/12
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KOFY
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taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time since the election, president obama will meet privately with the man he beat in the race for president, mitt romney. they will talk tomorrow about ideas reviving the economy. president obama said that he would reach out to mitt romney and hold that private meeting after the election. today the president met with yahoo ceo marissa myer. she is trying to avoid the fiscal cliff. and she told a reporter, quote the baby has been way easier than everybody made it out to be. 37-year-old added she had an easy pregnancy and two-year-old son has been easy. she is very clear on her priorities, god, fami
taxes concern small business owners who met with the president yesterday. one of them runs an organic mushroom company. he told us that higher taxes will kill his business. >> we are most passionate about, a business like ours, if people are going to be taxed a couple more thousand dollars, that will affect us, as well. >> he admits his small business has benefited from programs he and friend started it three years and now they have 31 employees. >>> for the first time...
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Nov 27, 2012
11/12
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KTVU
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, there would be no sales tax collected by the business, but the state says you still owe a use tax which you must file on your taxes, which few people do. >> i think they need to do it nationally. i think the country is missing out on a lot of sales tax, a lot of revenue. >> reporter: well, so far the state said it has collected less than $20 million from the new on-line sales tax requirements, and of the companies that have been identified as those that fall under this law that should be collecting this sales tax, he said few are actually doing so. >> you can find more on cyber monday on our website, including how you can protect yourself while hunting for a bargain on-line. >> teachers in the every green school district rallied to draw attention to what they say are unfair contract negotiate tactics by the district. about 200 parents, teachers, students, and community members joined together to protest the district's decision to walk away from contract goshes and declare an impast after only six sessions. >> we would like the district to come back to the table and negotiate a fair sett
, there would be no sales tax collected by the business, but the state says you still owe a use tax which you must file on your taxes, which few people do. >> i think they need to do it nationally. i think the country is missing out on a lot of sales tax, a lot of revenue. >> reporter: well, so far the state said it has collected less than $20 million from the new on-line sales tax requirements, and of the companies that have been identified as those that fall under this law that...
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Nov 27, 2012
11/12
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KPIX
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but the taxes, they remain the sticking point. republicans and congress, they have been long opposed to any tax increases, but the gop lawmakers say that they are open to raising more revenues through the tax reforms. wyoming republican says that entitlement reform will also need to be a part of the solution. >> medicare and social security, they are the two big title waves that are coming at us in terms of the spending. >> reporter: the gop leaders say they will need the democrats to give more in order to cut a deal. >> it is time for the president to present a plan that rises above these wreckless and radical voices on the hard left. >> reporter: the report from the white house economists, they say that the middle class families will see their taxes go up by $2,200 next year, as congress, they do not find a compromise. danielle nottingham, cbs news, washington. >>> well, it is cyber monday mania. today is on track to be a record breaker and the biggest online shopping day ever. retail analysts say so far sales are up more than 2
but the taxes, they remain the sticking point. republicans and congress, they have been long opposed to any tax increases, but the gop lawmakers say that they are open to raising more revenues through the tax reforms. wyoming republican says that entitlement reform will also need to be a part of the solution. >> medicare and social security, they are the two big title waves that are coming at us in terms of the spending. >> reporter: the gop leaders say they will need the democrats...
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Nov 26, 2012
11/12
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KNTV
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we have just heard from the city tax collector's of bureau of revenue. they are filing this legal action. they confirm the city is going to go after the los angeles dodgers for reimbursement in the treatment of bryan stow. the giants fan who was severely beaten outside of a dodgers game. to help pay for the four months of care it treated stow's injury. the city attorneys have asked a bankruptcy judge to add san francisco to those seeking damage from the team's insurer. this is a bankruptcy issue because the team filed chapter 11. this was a controversy. the city says this is not unusual, but standard practice to go after unpaid bills. it is taking all steps to protect the city's interests. stow and his family is suing the team frin the amount of $50 million. the amount needed for a lifetime of care. reporting live outside san francisco city hall, bob redell, nbc bay area news. >>> now to the south bay. citizens will have a say on who will be the next san jose police chief. city leaders will hold a community meeting tonight to gather input from neighborho
we have just heard from the city tax collector's of bureau of revenue. they are filing this legal action. they confirm the city is going to go after the los angeles dodgers for reimbursement in the treatment of bryan stow. the giants fan who was severely beaten outside of a dodgers game. to help pay for the four months of care it treated stow's injury. the city attorneys have asked a bankruptcy judge to add san francisco to those seeking damage from the team's insurer. this is a bankruptcy...
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Nov 26, 2012
11/12
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KNTV
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taxes on the wealthy. democrats are still trying to keep some entitlement programs out of negotiations. >> social security set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program. >> reporter: distance from a deal still evident, even amid signs the gap between lawmakers is closing. lawmakers say they'll not only get a deal done before the year is out, they may have a compromise before christmas. i'm danielle leigh, nbc news. >>> meanwhile that fiscal cliff is making investors wary this morning. for a look at how futures are trading, we turn things over to kate at cnbc headquarters. kay kayla, good morning. >> reporter: good morning to you. much optimism was over the strength of retail sales and black friday. investors will be keeping an eye on the geopolitical tensions in the middle east and that ongoing fiscal cliff and the talks continuing in washington. we get economic reports this week on durable goods, consumer confidence and new and pending
taxes on the wealthy. democrats are still trying to keep some entitlement programs out of negotiations. >> social security set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program. >> reporter: distance from a deal still evident, even amid signs the gap between lawmakers is closing. lawmakers say they'll not only get a deal done before the year is out, they may have a compromise before christmas. i'm danielle leigh, nbc...
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Nov 26, 2012
11/12
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used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the church. he did not have his papers. >> reporter: this parishioner is also a reporter for the san francisco post. >> like a brief altercation. i don't know shoving, might have been hollering. >> reporter: the issue is under consideration. the reverend has been back once since kicked out. >> if he stays will it be awkward? >> most definitely but we are hoping that will not happen. >> reporter: back to you. >>> a major tragedy in a country used to struggle. how bangladesh is revealing from a massive factory fire. >>> and violence in egypt. what the country's new preside president has done to anger his people. >>> big change
used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the...
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Nov 27, 2012
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rates. >> i don't care if you raised taxes 100% on the wealthy, you're not going to fix the deficit problem. >> the president has made clear that he will not sign a bill that extends the bush era tax cuts for those make mortgage than $250,000. >> billionaire warren buffett, an obama ally today wrote an editorial in "the new york times," calling for a higher minimum tax for the wealthy. >>> a shake-up in the middle east in politics today as an israeli moderate resigns. israeli defense minister ehud barack abruptly quit politics today, saying he'll only finish out his term. the obama administration had embraced him as a moderate influence on benjamin netanyahu's hard-line policies. meanwhile, a leader of hamas is warning that a fragile ceasefire in gaza could flare back into violence if negotiators don't come to agreement quickly. negotiations have to proceed through egyptian messagers because israel and the united states consider hamas a terrorist organization. >>> still ahead here at 5:00, it's a distinction that universities don't want. the bay area school, though, near the top of
rates. >> i don't care if you raised taxes 100% on the wealthy, you're not going to fix the deficit problem. >> the president has made clear that he will not sign a bill that extends the bush era tax cuts for those make mortgage than $250,000. >> billionaire warren buffett, an obama ally today wrote an editorial in "the new york times," calling for a higher minimum tax for the wealthy. >>> a shake-up in the middle east in politics today as an israeli...
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Nov 28, 2012
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she says the money raised from the tax can go to support youth education and health programs. voters in richmond overwhelmingly rejected measures and which would have placed a one cent tax on every soda sold. >>> okay. when we come back, barry bonds, the baseball giant back in headlines. >>> okay. let the debate begin. is he in or is he out? major league baseball announced that the all-time home run leader, also a bay area native, barry bonds is on the 2013 hall of fame ballot. and it stirred up a little bit of controversy. >> yeah, for a lot of years, fans have been arguing whether barry bonds, and sammy sosa actually belong on that hall of fame. it's well-known that former giants slugger along with sosa and clements, they've had their careers tainted by steroids or performance-enhancing drugs. so far, no one tied with the steroids era has received enough votes for the hall of fame. but bonds should be a test for the association and a stamp on players who are presumed guilty of steroids. >> bonds is not only the all-time home run leader, but a record seven-time mvp. the much
she says the money raised from the tax can go to support youth education and health programs. voters in richmond overwhelmingly rejected measures and which would have placed a one cent tax on every soda sold. >>> okay. when we come back, barry bonds, the baseball giant back in headlines. >>> okay. let the debate begin. is he in or is he out? major league baseball announced that the all-time home run leader, also a bay area native, barry bonds is on the 2013 hall of fame...
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Nov 28, 2012
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education tax credits and other credits for low income families. also, federal aid education, agriculture subsidies will be reduced if not eliminated, at least for the time being. between higher taxes and dramatic reductions, everyone, i mean everyone will fall over that fiscal cliff. >> you have two camps out there. some are saying let's push it to the end and don't move. other people are fearful that we will go over the cliff. so are we going to have an agreement? >> it's more clear than ever that both sides get it. i mean they understand the severity of the problem. it's equally clear near side wants to give more than they have to. they are likely the to reach an agreement, but not before the last possible moment. expect brinkmanship like you've never seen it before. >> that sounds menacing. i'm sure we're going to be talking about this cliff a lot more. >>> president obama wants to nominate un ambassador susan rice for secretary of state. that's the takeaway from a highly anticipated meeting between rice and john mccain and lind sai gram. they'
education tax credits and other credits for low income families. also, federal aid education, agriculture subsidies will be reduced if not eliminated, at least for the time being. between higher taxes and dramatic reductions, everyone, i mean everyone will fall over that fiscal cliff. >> you have two camps out there. some are saying let's push it to the end and don't move. other people are fearful that we will go over the cliff. so are we going to have an agreement? >> it's more...
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Nov 25, 2012
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they're saying they re not g to raise taxes? so . >>> new questions about super majority for the democrats in sacramento as the new legislative session is about the begin. what is 2 next move is this. >> they say they are not raising taxes. we have heard that before. what are they going to be doing? the labor unions and other special interest that is back the super majority claim to fame are not going to goodie up the power. >> not after spending $100 million to make sure prop 30 and passed and prop 32 didn't pass. number one, they will make it more difficult for municipalities. number 2 increasing environmental regulations. number 3 possibly the initiative process to make it more difficult for a single individual. legislation for a single individual to put things on the ballot. >> so, basically what the democrats have the option of doing is rewriting the rule, whether it is municipal bankruptcy to protect the contracts of firefighters, police and such and environmental regulations, or the initiative prosthesis. >> all those are
they're saying they re not g to raise taxes? so . >>> new questions about super majority for the democrats in sacramento as the new legislative session is about the begin. what is 2 next move is this. >> they say they are not raising taxes. we have heard that before. what are they going to be doing? the labor unions and other special interest that is back the super majority claim to fame are not going to goodie up the power. >> not after spending $100 million to make sure...
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Nov 24, 2012
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. >> it will bring $2.4 million of property tax into the city. $1 million of which will go to the schools. it will create 2,000 jobs in our community building this project out. >> but a tenant's group is fighting the development. buckley and wendy stone have lived aboard their 42-foot cruiser 20 years. they don't any where they are going. >> i'm on a fixed income. i can't afford to put a down payment down someplace. >> he has no hard feelings against the lady. she helped him when he had cancer and told him not to worry about the berth rental when he was sick. >> she used to bring they food and we were friends. >> he said the fight is with the developers who are leasing the outer harbor. that harbor is now open to the public and anyone can rent a berth there but new project will limit the berths to only residents forecast new complex. >> when the state gave the lease they said only so long will it be used as a commercial harbor so it's really not theirs. >> they filed an appeal with the redwood city council. the appeal will be heard on january 28th. by then it may be too late for the tenan
. >> it will bring $2.4 million of property tax into the city. $1 million of which will go to the schools. it will create 2,000 jobs in our community building this project out. >> but a tenant's group is fighting the development. buckley and wendy stone have lived aboard their 42-foot cruiser 20 years. they don't any where they are going. >> i'm on a fixed income. i can't afford to put a down payment down someplace. >> he has no hard feelings against the lady. she helped...
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Nov 26, 2012
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people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reli
people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something [ female...
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Nov 29, 2012
11/12
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taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are cut to provide stories for them to take back as proof. why this is important for small businesses to be the last things cut. they're the fabric of the country and economy. so want to stress that to them. how important this has been for us and others too. >> he admits the small business benefited from incentive programs. now they have 31 employees. >> new jersey governor says super storm sandy caused $37 billion in damage to his state saying 30,000 homes or businesses were destroyed or sustained damage. he's requesting $37 billion from the federal government. >> and a new un climate change report out say
taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are...
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Nov 27, 2012
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usually when they pay their income taxes. so far california officials have only managed to identify a few retailers as being subject to the new law, though. >> if you're an out of state retailer and you collect more than a million dollars in sales in california, and you have at least $10,000 worth of referrals from instate retailers, then you're obligated to pay that tax. >> did you get that? by 201614 states will collect sales tax from online purchases. >>> a hoax made the rounds today involving google and a company it didn't buy. they claimed they bought another company. they apparently bought the company for $400 million. both companies insist there's no such deal. no one has been able to track the source. they are not worth nearly the $400 million that the fake press relief says. how about facebook quietly gaining ground? the company is getting a thumbs up from the wall street journal. just today facebook stock jumped 8%. facebook shares are still down about 30% from the initial public offering back in may. >>> with the f
usually when they pay their income taxes. so far california officials have only managed to identify a few retailers as being subject to the new law, though. >> if you're an out of state retailer and you collect more than a million dollars in sales in california, and you have at least $10,000 worth of referrals from instate retailers, then you're obligated to pay that tax. >> did you get that? by 201614 states will collect sales tax from online purchases. >>> a hoax made the...
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Nov 27, 2012
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the anti-tax crusader that cut republicans to tax no tax- agreement. it >> if you want to go to your voters and say i promised to this and i am breaking the promise you have that conversation. >> if he seems confident so for these numbers are not on his side. 258 members of congress that have signed the pledge with only one half dozen have publicly expressed doubts about it. the test of weather they are were ready to break the tax increase will, in the next six weeks. catherine heenan, kron 4. >> the state of york is requesting nearly $42 billion in federal money to help with recovery efforts from super storm sandy earlier today the mayor explained in a news conference that roughly $33 billion from that aid will go towards repairs and restoration. the other 9 billion will go to flood prevention and power supply. >> i know that the taxpayers of the new-york cannot shoulder this burden and i do not think that it is fair to ask them. this nation has a long history to provide supplementals of helping each other. in a time of need. this state and region of
the anti-tax crusader that cut republicans to tax no tax- agreement. it >> if you want to go to your voters and say i promised to this and i am breaking the promise you have that conversation. >> if he seems confident so for these numbers are not on his side. 258 members of congress that have signed the pledge with only one half dozen have publicly expressed doubts about it. the test of weather they are were ready to break the tax increase will, in the next six weeks. catherine...
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Nov 29, 2012
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. >> in the meantime, the president met with middle class americans raising concerns about taxes going up at the end of the year. both republicans and democrats agree that had no one wants the country to go over the so called fiscal cliff. but what are they doing about it? >> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on $2000 tax increase going into affect next year for the average family of four. >> what is that again? my two? k. tweet use, my 2 k or e mail. post it on member of congress's facebook wall. do what it takes to communicate a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is
. >> in the meantime, the president met with middle class americans raising concerns about taxes going up at the end of the year. both republicans and democrats agree that had no one wants the country to go over the so called fiscal cliff. but what are they doing about it? >> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners...
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Nov 25, 2012
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among those, the urban institute. >> on wednesday the say that it is the tax payer tax break. however, the flip side is that if the tax deduction will encourage them to give more to charity? to be the ultimate beneficiary. not the taxpayer, but the ultimate recipient of a charitable gift. >> 1 this would limit the amount of the wealthiest americans could write out on a charitable donations to 28 percent of their contributions instead of the current 35%. and an idea right now would get rid of the charitable donations for most taxpayers and replace it with a 12% flat rate. either would have an impact on major institutions that rely on big donations like hospitals and universities. >> let me give you an example, this 1% decline in giving to american higher education would with salt and a loss of $300 million per year to colleges in the universities. the nonprofits have newt a new lobbying offered on his website to contact director not members of congress. with over 60 percent are opposed to making changes according to this gallup poll from last year. washington is running out of
among those, the urban institute. >> on wednesday the say that it is the tax payer tax break. however, the flip side is that if the tax deduction will encourage them to give more to charity? to be the ultimate beneficiary. not the taxpayer, but the ultimate recipient of a charitable gift. >> 1 this would limit the amount of the wealthiest americans could write out on a charitable donations to 28 percent of their contributions instead of the current 35%. and an idea right now would...
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: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to spending cuts and pro-growth tax reform that broadens base. >> you don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> this congress is already one vote away from avoiding the fiscal cliff. >> reporter: and no word yet on when the next white house meeting will happen. tracie potts, nbc news, washington. >>> thank you. the governor of new york says in some ways superstorm sandy is worse than hurricane katrina. governor cuomo says sandy hit a more densely hit area. the governor says his state now needs $42 billion to recover from all that damage. $9 billion of that amount will help prepare for future storms by protecting the power grid and the cell phone network. >>> a spokespe
: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to spending cuts and pro-growth tax reform that broadens base. >> you don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't...
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Nov 27, 2012
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cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone, now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that broadens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions of taxpayers. >> reporter: the bottom line is america is borrowing too much money trying to keep medicare and social security afloat. >> there's going to come a point in time we can't borrow any more money and interest rates will skyrocket. >> this congress is one vote away from avoiding the fiscal cliff. >> reporter: one vote with key players still far from agreement. no word on when the next white house meeting might take place. tracie potts, nbc news, washington. >>> 4:46. cyber monday sales soar and the s&p ends a five-day winning streak. for more on that and the rest of our news before the bell, we turn to bertha coombs live at cnbc world headquarters. good morning, bertha. >> reporter: good morning. the futures
cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone, now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that broadens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions of taxpayers. >> reporter: the bottom line is america is borrowing too much money trying to keep...
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Nov 28, 2012
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a berkeley city council woman wants her city to consider putting a soda tax on the bal t ballot. she floated this idea during last night's city council meeting. voters, they defeated a similar soda tax earlier this month. >>> a bus driver being hailinged a hero after saving a girl from a burning bus. carrying the wheel-bound chair girl off the bus when the engine compartment caught fire. >>> president obama meeting with yahoo! ceo and other leaders today to discuss the looming fiscal cliff. they are still trying to hammer out some kind of compromise. to avoid tax increases that would kick in starting january 1. >>> yeah, meyers has been quiet since taking the reins at yahoo! back in july. >> she has been very busy. she just had a baby as well. we finally get to see meyers back in public. >> "fortune" magazine awarded her as one of the most powerful women in business. she did address her baby, saying being a new mom is actually easier than she expected and her job at yahoo! more fun than she expected. her secret, she says, is prioritizing. she referred to vince lombardi's three pr
a berkeley city council woman wants her city to consider putting a soda tax on the bal t ballot. she floated this idea during last night's city council meeting. voters, they defeated a similar soda tax earlier this month. >>> a bus driver being hailinged a hero after saving a girl from a burning bus. carrying the wheel-bound chair girl off the bus when the engine compartment caught fire. >>> president obama meeting with yahoo! ceo and other leaders today to discuss the looming...
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Nov 26, 2012
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that's when spending cuts and tax increases kick in. lawmakers from both parties are racing the clock to reach a compromise but despite a lot of optimism there is no plan on the table. brian moore has the story from washington. >> reporter: back from an extended holiday and facing a looming deadline, lawmakers from both parties seem optimistic about diffusing the fiscal cliff time bomb. >> unfortunately, for the last ten days with the house and congress gone for the thanksgiving recess there hasn't been much progress made. tomorrow there's no excuse. we are back in town. >> reporter: democrats want to raise taxes on the wealthiest americans and republicans who once refused to raise taxes on anyone ever are signaling their willingens to compromise. >> when you are $16 trillion in debt the only pledge we should be making to each other is to avoid the coming grove and republicans, republicans should put revenue on the table. >> the world has changed and the economic situation is different. ronald reagan and tip o'neill realized that in t '
that's when spending cuts and tax increases kick in. lawmakers from both parties are racing the clock to reach a compromise but despite a lot of optimism there is no plan on the table. brian moore has the story from washington. >> reporter: back from an extended holiday and facing a looming deadline, lawmakers from both parties seem optimistic about diffusing the fiscal cliff time bomb. >> unfortunately, for the last ten days with the house and congress gone for the thanksgiving...
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Nov 26, 2012
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if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to entitlement programs. >>> a san francisco's couple challenge of the defense of marriage act will be one of several the u.s. supreme court considers this week. they will decide whether to hear an appeal of the prop 8. they're expected to meet this week to decide which cases it will hear next year. >>> on this monday, while we're cyber shopping, it's about the fog today. >> it is. >> sorry about that. >> dangerous out there. >> it's pretty tough, you're driving along, clear skies and all of a sudden you hit the fog that's out there. the numbers on the chilly side as well as we start off monday. we'll be talking wet
if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to...
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Nov 27, 2012
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tax autos i'm willing to generate revenue. >> for many, doing just that would mean breaking a pledge to not raise taxes and taking political risks that come with it. >> world changed. >> the no neweh9hn taxes pledges the brain child of grover norquist. >> the pledge allows elected officials to make it clear openly to the voters where they stand. >> here in washington he carries weight as evidenced by lawmaker xgh signed the pledge over the years. norquist told abc news this isn't about him and lawmaker autos don't tell me bit. they need tochl plain to voters.twrht >> there is still a catch. >> i will violate the pledge for the good of the country only if democrats will do reform. >> the white house indicated everything is part of the discussion. >> abc news, washington. >> stocks gave back a little of last weeks gain was traders concerned with about the fiscal cliff. dow jones gave back 42 points to finish at 12,967. the s and p 500 off nearly three. >> jipgss planned a real yeel against a recent power grab by president morsi. a shawl but vocal group demonstrated again today in tahr
tax autos i'm willing to generate revenue. >> for many, doing just that would mean breaking a pledge to not raise taxes and taking political risks that come with it. >> world changed. >> the no neweh9hn taxes pledges the brain child of grover norquist. >> the pledge allows elected officials to make it clear openly to the voters where they stand. >> here in washington he carries weight as evidenced by lawmaker xgh signed the pledge over the years. norquist told abc...
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Nov 23, 2012
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and american tax dollars also provide assistance to the u.n. organizations that support the palestinians. with egypt as mediator, both sides are trying to negotiate a more permanent agreement. israel wants to end weapons smuggling at the gaza. hamas wants to end a five-year border blockade. >>> thanksgiving warning turned into a nightmare for hundreds of people caught up in a major pileup in texas. more than 140 cars and trucks lay twisted and broken. the huge crash happened as holiday travelers tried to navigate through dense fog. drivers could do little to get out of the way. >> i just grabbed my kids, pulled them out of the car and ran. that's all i could do. >> at least two people died and more than 80 were hurt, several critically. and rescue crews credit many drivers for helping each others while first responders were overwhelmed. >>> police in berkeley are hoping you can help smoke out a cigarette thief. he's suspected of burglarizing businesses in neighboring cities also. investigators say he smashes windows to get inside, gets what he'
and american tax dollars also provide assistance to the u.n. organizations that support the palestinians. with egypt as mediator, both sides are trying to negotiate a more permanent agreement. israel wants to end weapons smuggling at the gaza. hamas wants to end a five-year border blockade. >>> thanksgiving warning turned into a nightmare for hundreds of people caught up in a major pileup in texas. more than 140 cars and trucks lay twisted and broken. the huge crash happened as holiday...
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Nov 28, 2012
11/12
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what would happen if they had to pay another 2200 dollars in taxes next year. president obama meeting with big business ceos. we're talking companies you'd recognize. republicans meeting with top ceos, pushing their side of things. now, republicans also criticizing the president for a trip that he hasn't even taken yet. friday, he hits the road to take this message to pennsylvania, to a toy manufacture there, talkinging about how do we avoid the fiscal cliff. spending cuts and tax increases that go into effect at the end of this year in congress does nothing right now, behind the scenes. the negotiations, not a lot to report. >> tracie pots, thank you very much. >>> checking on that rain. 5:43. the first of the storms rolling in. certainly packing a punch. we have a team in place watching the sky and roads for you. how's it looking there? >> good morning. so far, so good, for one of the most dangerous highways in the entire state of california. traffic is starting to pick up as we approach the 6:00 hour. traffic heading over the hill into san jose. northbound 1
what would happen if they had to pay another 2200 dollars in taxes next year. president obama meeting with big business ceos. we're talking companies you'd recognize. republicans meeting with top ceos, pushing their side of things. now, republicans also criticizing the president for a trip that he hasn't even taken yet. friday, he hits the road to take this message to pennsylvania, to a toy manufacture there, talkinging about how do we avoid the fiscal cliff. spending cuts and tax increases...
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Nov 27, 2012
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no tax increases of any kind, period. behind it all. this man. november quist. considered one of the most powerful men in washington. sentences he worked for ronald reagan in the 1980's he's gotten virtually every elected republican to sign a pledge promising no tax increases. >> taxpayer friendly congress. >>reporter: sign to it help electricityed don't violent it for fear of getting hammered for breaking the word. >> how many of these things have been signed. >> thousands over the years. >>reporter: he keeps them on file. n boehner pledge signed 20 years ago. >> nobody signed this 10 years ago, 18 years ago 20 years ago are they still bound by it. >> no. >>reporter: when you got married did your wife make a promise when you borrowed money to bite house. that mortgage that was 10 years ago. you still asking fo me for money. if you make a commitment you mick a commitment. >>reporter: biggest obstacle to any deal that raises taxes but with budget chris's on the horizon and reelected president insisting on tax increases some republicans are now thinking the unthin
no tax increases of any kind, period. behind it all. this man. november quist. considered one of the most powerful men in washington. sentences he worked for ronald reagan in the 1980's he's gotten virtually every elected republican to sign a pledge promising no tax increases. >> taxpayer friendly congress. >>reporter: sign to it help electricityed don't violent it for fear of getting hammered for breaking the word. >> how many of these things have been signed. >>...
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Nov 23, 2012
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and the companies that make medical devices they are are trying to block new taxes from taking effect on their products because of the new health care reform law. a package of tax hikes and spending cuts known as the fiscal cliff will take effect in january unless congress can do something to balance the budget. >>> happening right now workers at walmart stores starting to walk off the job during the big holiday shopping rush. i want to take you to texas just got this in. workers walked off the job right as shoppers were getting ready to go into the store. other protests are planned in walmarts throughout the bay area. employees say they want walmart to pay better wages. while some say they will still shop at al port others say -- walmart others say they will support those workers. >> if they walk out, i'm not going to shop until they settle with them. you can bet that. >> the picketers were planning to protest outside of sam club stores. >>> in sacramento there were very tense moments for shoppers. you can see there the cameras are rolling when one k-mart shopper threatened to stab o
and the companies that make medical devices they are are trying to block new taxes from taking effect on their products because of the new health care reform law. a package of tax hikes and spending cuts known as the fiscal cliff will take effect in january unless congress can do something to balance the budget. >>> happening right now workers at walmart stores starting to walk off the job during the big holiday shopping rush. i want to take you to texas just got this in. workers...
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Nov 29, 2012
11/12
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KPIX
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otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon,,,,,,,,,,,,,, every time someone chooses finish over cascade, it sparks a movement. look ! no ugly spots ! and see that shine ! you've got to try finish. because once they try finish, they can't keep it to themselves. i'm switching for good. wow ! awesome ! finish is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the fini
otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special...
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Nov 21, 2012
11/12
by
KNTV
tv
eye 107
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we know he owes a lot of unpaid taxes to the irs and the state. but a group of investors wants to know how he's getting away with everyone's money. >> and i have invested over $200,000. >> i have defrauded out of at least $25,000. >> they are all part of his money trail, willing investors joining a growing list of victims. >> i lost over $50,000. >> i invested more than $100,000. >> how many of you thought this was a good investment? they are also part of a group, 18 different bay area investors, a total of nearly $2 million. how many of you believe you're a victim of a crime? >> there's something wrong when all those people put up their money and got nothing back. >> harry osborne has an inside perspective. he worked as a saleman for the guy who has all their money. he watched the investment opportunity crumble. >> i think a lot of this was a scam, too. i think he was paying the interest from the people who were putting more money in. >> here's how it worked. investors were lured by advertisements in the san jose mercury and other newspapers prom
we know he owes a lot of unpaid taxes to the irs and the state. but a group of investors wants to know how he's getting away with everyone's money. >> and i have invested over $200,000. >> i have defrauded out of at least $25,000. >> they are all part of his money trail, willing investors joining a growing list of victims. >> i lost over $50,000. >> i invested more than $100,000. >> how many of you thought this was a good investment? they are also part of a...
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Nov 26, 2012
11/12
by
KTVU
tv
eye 187
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they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting pay for a san francisco police officer is 88,000 dollars a year. well for the san francisco 49ers there are quarterback questions all over again. it happened for the second straight game for the quarterback and coming up, what coach jim harbaugh is saying about who will be his starter in the future. >>> we have been talking about fog and i'm not sure if there is an incident in south san francisco. northbound at the 380 split, just north of fso, let's head out to our maps and a bicycle is laying on the shoulder and officers are not sure if this was an accident
they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting...
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Nov 24, 2012
11/12
by
KNTV
tv
eye 179
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in congress, you can reduce taxes on january 2 relative to the new rates that prevail starting then. >> reporter: it's a dance analysts doubt lawmakers will risk taking. >> since it will affect every voter, i suspect there whether be a deal. >> reporter: lawmakers will start next week committed to compromise. in washington, danielle lee, nbc news. >>> in health matters tonight, news for patients who take medication for high cholesterol. those two take the generic form of lipitor could check their bottles. some batches might contain small glass particles. the drug maker is recalling some 10, 20 and 40 milligram doses. there is no recall of the 80 milligram version. >>> if you have a headache, there's an app for that. they came up with a wireless intervention headache diary that records symptoms the moment they happen. >> the app, you're able to keep it with you all the time and just record. they can come online and learn progressive relaxation techniques, about how to reduce their headache. >> reporter: researchers say the data helps people learn about and avoid headache triggers. >>>
in congress, you can reduce taxes on january 2 relative to the new rates that prevail starting then. >> reporter: it's a dance analysts doubt lawmakers will risk taking. >> since it will affect every voter, i suspect there whether be a deal. >> reporter: lawmakers will start next week committed to compromise. in washington, danielle lee, nbc news. >>> in health matters tonight, news for patients who take medication for high cholesterol. those two take the generic form...
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245
Nov 29, 2012
11/12
by
KICU
tv
eye 245
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including middle class tax cuts and his ambassador to the united nations. she is thought to be on the short list to succeed hillary clinton as secretary of state. >> couldn't be prouder of the job that she's done. [ applause ] rice failed to win the support of two more republican senators today. many republicans have criticized her for her initial account of the benghazi consulate attack, which did not label it as a terrorist attack. >>> to be a fly on the wall at the white house tomorrow. president obama will be having mitt romney over for lunch. during his victory speech, the president said he would reach out to romney and consider some of his ideas talked about during the campaign. no media coverage is expected. >>> the president of mexico has a new job lined up after his john ends in february. he will become a fellow at the. >>> a big jackpot on the line. what we are just hearing from powerball officials about where winning tickets were sold. plus the demand in one city that's driving parking prices close to $100,000. >>> back here in just about ten min
including middle class tax cuts and his ambassador to the united nations. she is thought to be on the short list to succeed hillary clinton as secretary of state. >> couldn't be prouder of the job that she's done. [ applause ] rice failed to win the support of two more republican senators today. many republicans have criticized her for her initial account of the benghazi consulate attack, which did not label it as a terrorist attack. >>> to be a fly on the wall at the white house...
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Nov 27, 2012
11/12
by
KPIX
tv
eye 362
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but taxes remain the sticking point. republicans in congress have been long opposed to any tax increases, but gop lawmakers say they are open to raising more revenue through tax reform. wyoming republican john ber aso said retirement reform needs to be part of the solution. >> medicare and social security are the two big tidal waves coming at us in terms of the spending. >> reporter: gop leaders say they need democrats to give more in order to cut a deal. >> it is time for the president to present a plan that rises above these reckless and radical voices on the hard left. >> reporter: the report from white house economists say middle class families will see their taxes go up by $2,200 next year if congress does not find a compromise. danielle nottingham, cbs news, washington. >>> investigators preparing to exhume the body of long time palestinian leader yasser arafat. a team of forensic experts arrived in tel aviv to find out what killed him. he died after a supposed sudden illness in 2004. doctors could not determine th
but taxes remain the sticking point. republicans in congress have been long opposed to any tax increases, but gop lawmakers say they are open to raising more revenue through tax reform. wyoming republican john ber aso said retirement reform needs to be part of the solution. >> medicare and social security are the two big tidal waves coming at us in terms of the spending. >> reporter: gop leaders say they need democrats to give more in order to cut a deal. >> it is time for the...
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Nov 27, 2012
11/12
by
KRON
tv
eye 160
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he is an anti-tax person and who got the republicans to sign a note signed the no tax increase agreement in the first place. >> if you go to voters and say i made this promise and now i'm breaking his promise you should know that and say to them. >> 258 members of congress have signed the pledge. only about half dozen have x rest doubts about it. the test of whether not there are willing to break a promise to not bring taxes will come in the next six weeks. the president seems to be gaining a little ground today and senator john mccain seemed to soften his position on susan rice. rice was the choice to replace hillary clinton as secretary of state. mccain was her sharpest critic and now he is saying she deserves a chance to be heard. also the ceo of hostess is not trying to sugarcoat the demise of the company. he said management made some bad decisions including a big pay raise for the former ceo. the final straw was what happened with the bakers union and a refuse to sign with the company. the deal that was rejected has been accepted by other unions. >> they were not making demands in t
he is an anti-tax person and who got the republicans to sign a note signed the no tax increase agreement in the first place. >> if you go to voters and say i made this promise and now i'm breaking his promise you should know that and say to them. >> 258 members of congress have signed the pledge. only about half dozen have x rest doubts about it. the test of whether not there are willing to break a promise to not bring taxes will come in the next six weeks. the president seems to be...